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Meta’s Bold AI Investments Challenge Rivals Amid Rising Costs and Stock Drops
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Meta’s Bold AI Investments Challenge Rivals Amid Rising Costs and Stock Drops
In the high-stakes race to dominate artificial intelligence, Meta Platforms Inc. is emerging as one of the most aggressive spenders, pouring billions into infrastructure and talent that could redefine its future or weigh heavily on its bottom line. Recent earnings reports reveal that the company, parent to Facebook and Instagram, has ramped up its capital expenditures to unprecedented levels, with projections for 2025 and beyond signaling a comm…
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